Spot gold and silver have pulled back sharply in the short term following remarks by Federal Reserve Chair Warsh

According to Odaily, data from Gate shows that since Federal Reserve Chair Warsh made his remarks, spot gold and silver have fallen sharply in the short term. Gold has rebounded slightly after dropping about $100 from its high, bottoming out at $4,530 per ounce, and is currently trading at $4,560 per ounce. Silver has plunged more than $1 on the day, hitting a low of $68.1 per ounce, and is currently trading at $69.0 per ounce.